Capacit'e Secures Rs 5.37 bn Contract For Thane Projects

02 Mar 2026 CW Team

Under the LOI Capacit'e will undertake structural, architectural and associated civil works for the named towers and retail building and will manage site mobilisation and subcontractor engagement. The contract value reflects the principal construction scope and excludes applicable goods and services tax and other statutory levies. Execution will require integration of design compliance, quality assurance protocols and schedule management to meet the developer's phased delivery milestones.

The managing director, Rahul Katyal, conveyed that the repeat orders through TenX Realty demonstrated continued trust in the company and affirmed client relationship strength. He emphasised confidence in meeting timeframes and in the organisation's capacity to deliver to expected standards. The statement indicated that such awards support strategic objectives to expand the order book while reinforcing delivery capabilities. The company underlined a focus on maintaining quality control, safety standards and contractual compliance throughout execution.

The award is expected to reinforce near term revenue visibility and contribute to backlog visibility for Capacit'e as it progresses current assignments. Formal contracts and detailed mobilisation plans will follow the letter of intent and will set definitive commercial and operational milestones. The company will continue to monitor project risks and stakeholder coordination as it advances the planned works.

Capacit'e Infraprojects Limited has received a letter of intent from TenX Realty Limited, acting on behalf of Raymond Limited, for construction works totalling Rs 5.37 billion (bn), excluding GST, for Towers F, G and NTA and a retail building at the Address by GS-3 project and the Invictus-2 project in Thane West. The notification dated 26 February 2026 confirms intent to proceed with the specified works pending final contracts. The scope covers residential tower structures and a retail podium within the combined development and is designated as repeat business awarded through TenX Realty. The company identified the award as material to its project pipeline in the Mumbai region. Under the LOI Capacit'e will undertake structural, architectural and associated civil works for the named towers and retail building and will manage site mobilisation and subcontractor engagement. The contract value reflects the principal construction scope and excludes applicable goods and services tax and other statutory levies. Execution will require integration of design compliance, quality assurance protocols and schedule management to meet the developer's phased delivery milestones. The managing director, Rahul Katyal, conveyed that the repeat orders through TenX Realty demonstrated continued trust in the company and affirmed client relationship strength. He emphasised confidence in meeting timeframes and in the organisation's capacity to deliver to expected standards. The statement indicated that such awards support strategic objectives to expand the order book while reinforcing delivery capabilities. The company underlined a focus on maintaining quality control, safety standards and contractual compliance throughout execution. The award is expected to reinforce near term revenue visibility and contribute to backlog visibility for Capacit'e as it progresses current assignments. Formal contracts and detailed mobilisation plans will follow the letter of intent and will set definitive commercial and operational milestones. The company will continue to monitor project risks and stakeholder coordination as it advances the planned works.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..